There are three kinds of lies: lies, damned lies, and statistics

"There are three kinds of lies: lies, damned lies, and statistics." - Benjamin Disraeli. What do you think this means?

Deb likes cheerful employees, ones that whistle while they work...

(See attached file for full problem description) --- Deb likes cheerful employees, ones that whistle while they work. She's noticed that employees who have worked in industries similar to her business (Deb's Pizza Palace) seem to be happier than those who have never worked in a pizza place before. She hires you to look at ...continues

Mean/Median - Population - Sample Deviation

Below I have an attachment of Deb's Pizza Palace this will include the information that's needed. --- Deb likes cheerful employees, ones that whistle while they work. She's noticed that employees who have worked in industries similar to her business (Deb's Pizza Palace) seem to be happier than those who have never worked ...continues

Experimental Design and Analysis

You are a training manager for a manufacturing firm and have three new training programs to assess. You assign, at random, equal numbers of employees to each of the training programs in order to determine which program is most efficient. How might you go about analyzing the results? I am trying to decide which test to use? ...continues

Several Questions

1. You are interpreting the results of an opinion poll. In a random sample of 100 small business owners, you find that of the 40 large business owners, a total of 30 support a proposal to implement a local sales tax. Of the 60 small business owners, 20 support it. How can you determine if there is a relationship between si ...continues

Critical Data Sources

In evaluating the implementation of a new strategic initiative in an organization, what would be the critical data sources you would utilize to predict financial performance?

ROI

What ROI would you expect on a new strategic program or service?

A senior accounting major at Midsouth State University...

A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the firm before receiving a raise in salary. The sample information is: Number of months before first raise in salary CPA Inc. ...continues

How flawed research has resulted in shaping social policy?

Can you find other examples of how flawed research has resulted in shaping social policy?

Criminals are more likely to own a gun than non-criminals...

Here's a link to a report by the San Francisco Department of Public Health that suggests criminals are more likely to own a gun than non-criminals: http://www.dph.sf.ca.us/Reports/Firearms/Part7Criminal.pdf What does this suggest to you?